When OYO stepped out of losses and emerged into profitable territory in FY24, there was more than a healthy dose of scepticism. But in the 12 months since then, the Ritesh Agarwal-led company has shown that that was not a flash in the pan.
While the hospitality giant has not filed its FY25 numbers, each quarter, OYO’s revenue performance has come under the spotlight as well as its growing profits. This week, Agarwal told employees that the revenue for the final quarter touched INR 2,100 Cr.
What exactly fueled OYO to this position, and will OYO hit…
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